Jo Min-whan, the producer behind Korea's epic, Musa The Warrior, has launched a new production company and a slate that includes the most expensive Korean film of all time.

The production roster of Jo's new outfit, Nabi Pictures, is headed by Musa director Kim Sung-soo's new project 625, an epic war film. The budget is set to exceed that of Musa, which had a combined production and P&A budget of more than $7m. Kim will shoot the picture in early 2003 after completing a short and 3D-animated project.

Nabi and Jo are also preparing an untitled sci-fi melodrama based on a Japanese comic book, The Last Love Song. The romance between a human and an android will be directed by Park Hung-shik, author of 2001 hit I Wish I Had A Wife.

Also on the slate is The Ghetto, a sci-fi picture that will be made by first timer Cho Dong-Oh. Nabi (which stands for Nature, Art, Beauty and Intelligence and spells out the Korean word for Butterfly) is bankrolled by the newly floated CJ Entertainment and production/investment house Sidus.